Petrol And Diesel Prices Today On April 28: The oil marketing companies (OMCs) announce petrol and diesel prices every morning at 6 am, regardless of their stability.
OMCs oversee this consistent process of adjusting prices based on changes in global crude oil prices.
As a result of this methodical approach, consumers stay informed about daily fuel price changes.
Petrol and diesel prices in India vary across states due to freight charges, value-added tax (VAT), and local taxes.
Petrol And Diesel Prices Today On April 28
City | Petrol Price (RS/LITRE) | Diesel Price (RS/LITRE) |
Chennai | 100.98 | 92.56 |
Kolkata | 103.94 | 90.76 |
Noida | 94.80 | 87.93 |
Lucknow | 94.65 | 87.76 |
Bengaluru | 99.84 | 85.93 |
Hyderabad | 107.41 | 95.65 |
Jaipur | 104.88 | 90.36 |
Trivandrum | 107.25 | 96.13 |
Bhubaneswar | 101.60 | 93.16 |
After the central government and several states reduced fuel taxes in May 2022, fuel prices in India have remained steady.
Oil marketing companies adjust retail fuel prices daily at 6 a.m., based on the global crude oil price. The government controls fuel prices through excise taxes, base pricing, and price caps.
Factors affecting petrol and diesel prices include:
- Petrol and diesel prices are largely determined by crude oil prices, which are the main raw materials.
- Since India imports a large amount of crude oil, the exchange rate directly affects petrol and diesel prices.
- The price of petrol and diesel varies from state to state due to different taxes.
- Refining crude oil into petrol and diesel costs vary depending on the type of crude oil and refinery efficiency.
- Demand also affects petrol and diesel prices, with higher demand leading to higher prices.
Also Read: Petrol And Diesel Prices Today On April 25: Check Rates In Your City